Summary of the Advantages of the SparCard

The Sparcard can be applied for without a checking account and thus no credit check will be completed by the Deutsche Bank. However, payments transactions (bank transfers etc.) are not possible.

Why Deutsche Bank?

For many people, the brand “Deutsche Bank” is sexy. Is it not a great feeling, to be a customer of Germany’s largest bank and to show it when paying with the Deutsche Bank card?

Granted: Good – sometimes even better – banking services are offered by other banks. But the brand is unique.

Deutsche Bank = a Strong Brand

In some areas, such as the option to switch between German and English at any time on the internet page and online banking, the Deutsche bank is unique. This feature makes it especially easy for foreigners and immigrants to learn and use the German banking system.

Likewise, the personal contact in the many branches in Germany is often used by people who are not so comfortable using online banking.

Free Cash Withdrawals

With the Deutsche Bank card, as well as the SparCard, it is possible to withdraw cash from thousands of ATMs in Germany (via the CashGroup) and in other countries through partner institutions in Italy, Poland, Spain, Hong Kong, USA, Great Britain, Kenya, Mauritius, Tanzania, Zimbabwe , France, Canada, Chile, Mexico, Australia and New Zealand.

It is possible to make free cash withdrawals from Deutsche Bank ATMs or partner banks free of charge in the countries marked in blue.

Free Cash Deposits

Of course you can make deposits at any branch of Deutsche Bank to your own checking account free of charge.

Outside of business hours, the deposit machines can be used. This function is also available for holders of the SparCard. We are working on articles to let you know what meaningful possibilities this will open up,

Deutsche Bank AG · Main Contact

Taunusanlage 12
60325 Frankfurt am Main
Germany

Telephone: +49 69 910-00
E-Mal: deutsche.bank@db.com

Open an account with the Deutsche Bank

Accounts can be opened at every branch of the Deutsche Bank. In most cases, an appointment is not necessary. The following are required in order to open an account:

An identification document (ID card or passport)

If necessary, a document which shows the current address

If an application for a credit card or a checking account with overdraft will be made, then salary slips are needed.

“Account with the Deutsche Bank”

Alternatives to a Deutsche Bank Account

DKB

Based on the conditions DKB (Deutsche Kreditbank AG) is clearly better. DKB is a bank without branches, so sometimes it is not so easy to open an account with them. German language skills are required.

Postbank

With many branches in Germany, the Deutsche Postbank AG is an alternative to Deutsche Bank. Opening an account can be done online or in the branch.

Onlinekonto of PayCenter

Perhaps this is somehow an unusual offer: PayCenter is a provider, where you have to pay fees for the account management and account usage. This circumstance has an important background: the provider earns good money since years. It does not matter whether you use the account or not. That gives you two important securities:

your account won’t be cancelled, if you use it “too much” or “too little”.

account and provider remain permanently in this form (= virtually a guarantee of existence for the account).

The account opening is possible with a place of residence in Germany or abroad. There is no creditworthiness check. No Schufa query. No Schufa entry. The account can be used as a business account (corporate account). Soon, the online banking will be available in English too. The account opening is possible within 2 minutes: See all information.

What experiences have you had with Germany’s largest private bank? Can you give a few tips? This page can be completed via the comments.

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Rating: 4.1/5 (31 votes cast)

Opening an account with Deutsche Bank?, 4.1 out of 5 based on 31 ratings

You can open a bank account at the Deutsche Bank in every branch in Germany. It is a good idea to make an appointment that a person has time for you. Take your passport and a document with your address to account opening.

A bank card can be shipping at a German c/o address or to your home address in Finland.

I’m Messias Mandua, I had an account with your bank when I was a student in Germany. However its has been more then 10 years, without using, Could you please advise if is there a chance to reopen this account?

Ask the branch in Malaysia, please. Our web portal is specialized for account opening in Germany. Not for local accounts in other countries.

Over the branch of Deutsche Bank in Malaysia it is not possible to open a checking or saving account (personal banking) in Germany. Maybe there is a way for private banking. Ask the local branch, please.

My daughter will be going to study in Mannheim in Sept and we need to open a bank account for the payment of rent etc . Thinking of using Deutche Bank. She is 17. Are there any issues with open an account in her name ?

In Germany, it is law that anybody from 18 years on can open a bank account. If one is younger, the parents have to agree (they have to sign at the account application).

It is not unusual that 17 year old students come to Germany and need an account. So I called the Deutsche Bank to find out how you can do this best.
However, it was impossible to get a definite answer from the bank this weekend.

Therefore, I have submitted a written request at the bank and am waiting for the answer. As soon as I have a solution, I will publish it here.

I would like to open an account with your bank. The tricky part is I live in South Africa and will like an account in Singapore. I’m not sure if this is an easy task for your bank or not. If you guys are in a position to assist me promtly with my request please get hold of me ASAP.

Do you a client with personal banking or private banking? With a usually current account is that not possible. In private banking could it be a good idea to ask your consult. He or she could be organize something …

I would like to open an account/saving account at your bank. I will be in Munich in the first week of July. I live in Israel and I have a German passport. Please inform me how can I do that. Thank you.

Do you sure that you want open an account at Deutsche Bank? If you are able to speak German and have an German passport, you can open over internet bank accounts at:

DKB (current account with saving and Visa card for free, legitimating works with WebID)

comdirect (current account with savings and Visa card for free), legitimating works with VideoIdent (this site is not translate, yet))

If you prefer Deutsche Bank, than make an appointment in a branch in Munich. The account opening works there face to face. A saving card (SparCard) is for free. A current account costs minimum EUR 4.95 per month, except for students.

US Citizen wanting to open up a joint checking account. can you tell me how to do so, what forms are needed, documents to complete and can this be done on-line or do we have to go into a branch to complete the request? The US offices offer no assistance or direction.
Thanks and look forward to your response

Hello
We own a restaurant in Dubai, Lebanon and for our international franchise we would like to open an account in Germany . Would it be possible ? What are the requirement ? Do we need to translate documents to German language or English is ok? One of the shareholders will be German nationality

1. We are carrying Philippine Passport, but our company is registered in
Delaware, can we use the registration documents to open a corporate
account Deutsche, Hongkong? Or we will be required to register it in
Hongkong as branch?
2. What are the requirements in opening a corporate trust bank account?
3. How much is required to open a corporate trust bank account.

I am currently in germany on workpermit. This expires on June 2015. But I want to open a blocked account for my student visa which I am going to apply in july. So I will be going back to India in July and returning to germany with student visa. I now want to open a blocked account when I am in germany. is it possible?

Hallo I am srijana Maharjan from Nepal. Now I live at münchen and soon I am transferring to Berlin. And I would like to open an account in your bank. Can you help me what documents are needed and its create difficult if I have chance my city.

Hi, im going to further study in german in coming october and i need to create an account in deutsche bank. Is it possible for me to create the account in malaysia and use this account in germany? or is a must for me to create my account over there? thank you

Iam a resident in Greece snd I would like to open an account with Deutche Bank in Germany. Please inform me if it is necessary to have my home address in Germany?I am currently Phd Student at University of Patras,Greece.If I Open an account I must pay the minimum costs 4.95 Euro per month?

i live in turkey and i am a turkish citizen but my country’s future is unpredictable so i will visit frankfurt next month for 3 days and want to open a deutsche bank account for 100000 usd. what documents do i need to bring with me? should i make an appointment in advance and what is your interest rate for usd for 1 year.
thanks

Hi,
I have a Junge Konto of your bank, and since I’m turning 30 years old this Oct.
I’m writing to ask whether it’s still free of monthly charge for me, because I’m still a Ph.D studentin Germany.
Thank you!:)

I hold a UK passport and currently live in Dubai. I plan to relocate to Berlin in August 2016. I will visit Berlin in December and wanted to open a local bank account. I shall only have the use of my company’s address at that time.

I want an account that I can use to transfer funds in readiness for when I arrive in August. This account will be used for salary deposits, to issue cheques for accommodation rental. deposit etc, ATM withdrawals, credit card use. Can you recommend a suitable bank and account type. Importantly one that can be opened prior to my arrival. Thank you. PS I do not speak German

Good afternoon. I need URGENTLY a confirmation of my Bank Accound in Germany for the Embassy of Kolumbien. I have sent the money and the Formular, and afterwards I have deposited more money (In total 5 months).

Hi, I need help explaining the documents required for opening a student account at DB in Munich. I read that you require your passport and a residence confirmation. But it’s a little confusing since you can only do a residence registration after finding longterm accommodation, and concluding a rent agreement requires a bank account. Looks like a ‘chicken and egg’ case to me. Is it possible to open an account with only passport and short term accomodation address like hotels and hostels or maybe the address of my University? Please help.. Thanks in advance.

I have a deutche bank in Italy and live in the UK. I have a mortgage in Italy for my family and need to pay money into the deutche bank to cover this? Can I transfer money from my nationwide UK bank account to deutche bank without charge or can I pay money into this switched bank to cover these payments? If so where can I do this?

Recently I have opened an Sperrkonto in the Deutsche Bank (Chemnitz) sending the forms filled by post, and now I need to deposit in there EUR 8.040.

In my country there is not DB’s subsidiary, but in a few months I am going to travel to Hong Kong. Do you know if it is possible to deposit in cash, in EUR, the amount in the Deutsche Bank of Honk Kong, being I foreign Citizen?

Hello, I have issued a closing account certificate to Deutsche bank from the German embassy here in Malaysia. I would like to know how Long does a block account takes to close down and how Long does it takes for the cash to be transferred to my account? Thank you

Hello I was trying to apply for help with starting a account with this bank could you email me the information please. I need help buying a home in Florida and I also needed to start my owner of a douches bank thank you please respond back.

I need to open saving account in deutsche bank, but I’m outside Germany.
Can I open an account by sent my documents and my signature online
I will come to Germany for visiting but I need to transfer my many before I come

Hi,I am Tunisian and I recently got my Computer Networks Ingenieur Diploma, I want to get a Blue Card Visa, which type of account should I open? and what would be the procedure to follow so I can open that account from Tunisia and how do I do the transfer to that account. Thank you

Hi, I have a DB account in Germany. However, as a researcher, I will soon move to another European country and do not want to change my bank account. How should I change my address with Deutsche Bank, and will I be charged money per month for not withdrawing the Kontoauszug (bank statement) from the DB transaction machines (I will be unable to do it easily in other EU countries, unless DB has a large presence there.) ?

Regarding the “tax residence” option in the “Opening of a bank account/blocked account for foreign students” updated form, shall I choose the statement “I am resident for tax purposes in the following countries outside Germany” and fill in my country of residence and my Identification (I.D.) Card number? Knowing that I am currently living with my parents and I have no house of my own and neither a job; therefore, I am not subjected to paying the tax residence in my country and I have neither a tax ID number nor an equivalent personal identification number .

Hello, I live in the USA and would like to open an online account so I can use it while I go to spend 4 months is Lisbon, Portugal. Can I have my monthly stipend deposited directly into such account, and can I withdraw the funds for free at one of your branches in Lisbon? If not possible to open here in the USA, can I open it in Lisbon and then make arrangements for the deposits to this account, what type of documents are required and what is there a minimum amount to open checking account? If so, please advise the requirements etc.

I have an account already in Deutsche Bank as I was working in Germany couple of years ago. Now I got back to my home country (EU country) but I kept my account. Can I use this account for my savings if I’m not resident of Germany anymore (I’m EU resident though)?

I’m in the same situation as you. My classes start in early October, and I sent my docs to the bank on 26/6 from Malaysia… still no reply. From Deutsche Bank’s website, it takes around a week or more to open a blocked account, and you can send them an online form to follow up. I’ve tried that too, but also got no response till now. How are things going on your side now?

Good afternoon I have bank account in DEUTSCHE bank, I receive all letters with spar card and TAN code list and telephone banking code but I don’t have the pin for Internet banking how to request?? Currently I stay in us and my German is not so good!!

Hello! I am a Canadian citizen and would like to open an account in Germany since I will be traveling. Which bank is the best option and can the account be opened while I am still in Canada or do I have to be in Germany for it? Thank you.

Regrettably, for foreign citizens it’s often not as easy to open an account in Germany like it is in Canada.

The best German direct banks (which constitute the main focus of this special portal) have been very hesitant for the recent two years to accept customers from abroad. This is mainly the case for free-of-charge accounts with free Visa Cards. You can even withdraw cash (worldwide) with these accounts. Especially with customers from abroad, this leads to financial losses of the banks.

On the other hand, there are current developments with providers of new accounts with account administration charges/activation charges, who make it easier for foreign customers to open an account as well. For example the Onlinekonto of PayCenter. They send the MasterCard to Canada as well. An English language customer service already exists. The statutory legitimization is supposed to soon be possible via video chat. Currently, this needs to be done via Deutsche Post.

Viabuy is another provider, where you can easily apply for a MasterCard with account function. Currently though, they do not mail the cards to Canada.

The (from our perspective) best account with card is the one of DKB, but this one is regrettably not available for Canadian citizens. The reason for that is that many German banks perform a credit check in case of an account opening. This makes it difficult for people from other countries, since they rarely have a sufficient “credit history” within Germany.

Would such a Viabuy MasterCard work for you? In that case, only the problem regarding the address would need to be taken care of.

Dear Sir/Madam,
I’m Croatian citizen, also EU citizen. Want to open DKB current account. Am I eligible to open current account at DKB. If yes what is procedure.Your answer is very important for me.
Thank you and keep waiting for your response.
p.s.I’m not German citizen.
Marko

I have moved to Nuremberg a month ago. I have found a job and in a few days i will sign the contact. So i need a bank account to get salary from my employer.

The problem is that i am a Greek citizen and my ID is not accepted because birth place and issuing authority are written in Greek and not Latin characters. Everything else, name, surname etc are with Latin characters.
How is that possible? I have used this ID to travel with aeroplane and passed airport security check all times without problems. I don’t have time to travel to Greek embassy in Munich so i can issue a passport.

Dear Sir/Madam,
would it be possible to inform us on the possibilities of opening an account at the Deutsche Bank, as we are a privet company located in Bulgaria.

Our clients are mainly German companies, transferring money to our Bulgarian Bank account. However, this take up to 3/4 days until we receive the payments. This is why, we would like to open an account in Germany.

Dear.Sir/Madam
I own a import and export company in Canada,and i would like to open a electronic business account i Deutsche bank in Germany ,how and where i could get applications form to do so.
Thanks
Awaiting for you reply
Regards
Rad

Business accounts of foreign companies are solely opened at the local branches. There are no online forms for this. Deutsche Bank wants to meet the customer in person and understand their business – otherwise there is no account opening.

Foreign branches of Deutsche Bank only open account in the respective country. If you so wish, open a local account there. If you want to have an account in Germany, you have to apply for that in Germany – or online on the bank’s website.

For an account opening, Deutsche Bank puts special emphasis on a residence in Germany. At this provider that’s different: An address or residence within the EU suffices. The mailing of the card can be done to Thailand as well. One gets a Mastercard, with which one can withdraw cash worldwide. Online-banking and customer services are available bilingually, in German and English. The account opening takes place online. The identity verification can be done online. Best of luck!

Hallo,
I am a German citizen and I am looking for a bank where I can have several saving accounts under the same roof, and where I can do automatic transfers from my Girokonto (SpardaBank) on a monthly basis without additional fees.

We are a private web portal, and not Deutsche Bank. You can only open accounts via the bank itself, and that is why they need to give you that information, and why they charge a fee. If we offered such an information service, of what value could that be, and how much would one be willing to pay for that?

I don’t understand why you absolutely want to have an account at Deutsche Bank. On our portal we introduce banks that are much more interesting and regarding which we from the Editorial Team can actually give information, because the opening processes are central and online.

At Deutsche Bank, the account opening depends on whom you’re addressing how at the local branch. In case it does not work out the first time – which is possible – simply try it friendly at another local branch of the group. Best of luck!

We can’t say much about the Hong Kong branch, apart from them not opening accounts with a German IBAN. If one wants to have an account at Deutsche Bank in Germany, they actually need to come to Germany themselves.

This does not work online. If you find a local branch that opens an account for you, you can consider yourself lucky. Our portal specializes on the online area, therefore we cannot say anything about single local branches.

Hi there, I am going to Germany for the year next year. I want to open a Deutsche Bank’s account but I don’t know how to online. Could someone please send a URL to direct me to the website. It is very urgent.